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$ 2,480,000
Est. payment /mo
Active
618 Forest Avenue Pacific Grove, CA 93950
8 Beds
3,737 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,737 sqft
Price per Sqft $663
MLS Listing ID ML82022645
Bedrooms 8
HOA Y/N No
Year Built 1972
Lot Size 5,200 Sqft
Acres 0.12
Property Sub-Type Quadruplex
Property Description
Rare offering in prime Pacific Grove within the highly regarded Pacific Grove Unified School District.* Fully occupied fourplex with $12,280 in monthly gross income and strong rental fundamentals. Ideal for an owner-occupant to live in one unit and rent three, or hold as a pure income asset. All units are refreshed with in-unit washer-dryer combos and kitchen appliances, and most kitchens and baths are renovated. On-site parking includes four covered carports. Clear value-add: approx. 788 sq ft ADU plan already City-approved and Water Credits purchased. Walkable to shops, dining, parks, beach, and transit. Please do not disturb occupants.
Location
State CA
County Monterey
Zoning Resi
Interior
Heating Forced Air, Natural Gas
Cooling No Air Conditioning
Fireplace No
Building
New Construction No
Schools
School District Pacific Grove Unified
Others
Tax ID 006542007000
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Listed by Chi-Ping Shih • Compass
